On 15 July 2021, the Public Register for banks licensed in Mauritius by the Bank of Mauritius (BOM) was admitted to the Global Index of Public Registers. The Public Register is hosted by the Mauritius Bankers Association Limited (MBA) and provides a record of local market participants who have shown their commitment to adopting the good practices set forth in the FX Global Code. Being only the 17th country to be admitted to the Global Index of Public Registers, Mauritius consolidates its position as a solid and transparent jurisdiction adhering to the best banking practices and principles.

The Global Foreign Exchange Committee (GFXC) introduced the Global Index of Public Registers with a view of providing an official list of all banks worldwide who adhere to the FX Global Code. The FX Global Code represents a set of global principles of good practice in the foreign exchange market. These principles were brought forward through a collaboration between central banks and Market Participants across 20 jurisdictions and are considered a fundamental benchmark for integrity and effective functioning of the wholesale foreign exchange market.

You can access more information on the Global Index of Public Registers and the FX Global Code here